Bond Report: Two-year Treasury yield dips under 5%

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The 2-year Treasury note yield dipped back below 5% on Thursday, providing some modest relief after worries that the Federal Reserve might soon have to resume raising interest rates.

What’s happening

What’s driving markets

U.S. yields rose Wednesday, particularly at the short-end of the curve, after an unusually strong reading of the August ISM services index, ahead of next week’s August consumer price index report.

The…